The assessment date of both real & personal property is January 1st of each year.
The official name on the property tax bill is the January 1st property owner. Real property owners can list their property with the PVA between January 1st & March 1st, while tangible personal property must be listed between January 1st & May 1st.
DETERMINATION OF THE TAX BILL
The assessed value of your property, as of January 1st of each year, multiplied by the tax rate totals the amount of taxes owned on your real estate.
For example. if your home was valued at $75,000 and the tax rate as been set at $.80 pre $100 of value, then your tax bill would be $600.00
75,000 X .80 =$600.00
Billings, Powell County PVA • 584
Washington Street, P.O. Box 277,
Stanton, KY 40380 • Phone: (606)663-4184 • Fax: (606) 663-0947 •e-mail email@example.com